Acquiring Through the Prism of Economic Growth

Author(s):  
В. Мартынов ◽  
V. Martynov

This paper examines the impact of acquiring on the growth of the economy and its place in a new technological way. The article illustrates the correlation of GDP from acquiring. The economic effects of acquiring and their influence on the development of open innovation in the modern world are presented. Key indicators and acquiring of payment cards of different types in the dynamics of recent years are analyzed. The author considers sub-optimal balance between the cash and non-cash means of payment and three dimensions to exit this equilibrium.

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yu Ma ◽  
Jun Shi ◽  
Qiang Ji

PurposeThis paper empirically tests the impact of capital sudden stops on the economic growth using quarterly data from 49 emerging economies.Design/methodology/approachThis paper applies the GMM dynamic panel estimation method.FindingsThe results show that capital sudden stops can significantly inhibit the economic growth of emerging economies. It was also found that the inhibiting effect on low-savings-rate economies is greater, but less on high-savings-rate economies. In addition, this paper examined the impact of different types of capital sudden stops on economic growth in emerging economies. The results reveal that the impact of sudden stops of direct investment is not significant.Originality/valueLittle existing research considers the impact of capital sudden stops through the perspective of savings rate differences. Based on our research using the GMM model, we argue that capital sudden stops will lead to a decline in investment kinetic energy in emerging economies, and therefore, a decline in economic growth. There are also few studies on the economic effects of capital sudden stops. And the time series model is generally used in a single economy. This paper, however, uses the data from 49 emerging economies and takes the panel approach to more comprehensively study the capital sudden stops of emerging economies.


2009 ◽  
Vol 24 (S1) ◽  
pp. 1-1 ◽  
Author(s):  
K. Durkin ◽  
K. Rae

Chocolate craving is very common among women. It is known to be associated with ambivalent attitudes and with eating disorders.Aims:The present study investigated the impact of different types of media images (associating the product with thin versus overweight models) on females’ attitudes to chocolate.Method:Eighty-four female participants were recruited from the general community. Age ranged from 17 to 63 years (mean=35). Mean BMI was 23.4. Participants were allocated randomly to one of three conditions: Chocolate with thin models, Chocolate with overweight models, and Control (non-chocolate related products). Groups did not differ on age and BMI. They were assessed before and after exposure using the Orientation to Chocolate Questionnaire, which measures three dimensions of chocolate craving: guilt, approach and avoidance.Results:Participants in the thin exposure condition experienced more guilt and were more likely to report both heightened approach and avoidance of chocolate after exposure. In contrast, participants in the overweight exposure condition had lower guilt and lower approach to chocolate, with no change in avoidance, after exposure. No changes were obtained for the females in the control condition.Conclusion:These findings suggest that viewing thin images in association with chocolate intensifies women's ambivalence towards the product. It is argued that ambivalence is stressful and fosters disordered eating patterns.


Ekonomika ◽  
2021 ◽  
Vol 67 (4) ◽  
pp. 65-74
Author(s):  
Maja Ivanović-Đukić ◽  
Tamara Rađenović ◽  
Miljana Talić

The paper analyses the contribution of different types of innovative entrepreneurship: new products entrepreneurship, new technology development entrepreneurship, high growth expectation entrepreneurship and average growth expectation entrepreneurship to economic growth in emerging markets. The aim of paper is to identify types of innovative entrepreneurship which have the greatest contribution to economic growth in emerging markets and propose measures that macroeconomic policy makers could implement to achieve sustainable economic growth. The regression analysis is performed in order to estimate the impact of different types of innovative entrepreneurship on economic growth in 13 emerging markets. The results have shown that a high growth expectation entrepreneurship has the greatest influence on economic growth. Also, results have shown that impact of new products entrepreneurship is bigger than impact of technology development entrepreneurship on economic growth in emerging markets.


Economics ◽  
2021 ◽  
Vol 104 (10-12) ◽  
pp. 99-109
Author(s):  
Mariam Dzebisashvili Mariam Dzebisashvili

Twentieth century for the world economy is associated with a range of processes that involve a broader scope. The important issue in the order is at stake and at the same time the internationalization stage - Globalization. It discusses the developmental processes of the world in the socio-economic context. We are globalized as an accelerating factor. In addition to the destruction, it also contributes to modernization. The English word "globe" means Globe, while "global" - the world. Globalization -the modern English word is to make changes in the world economy and society. More precisely, the globalization of the economy is one of the components of globalization that includes several aspects: • Liberalization of Economics; • Development of trade; • Integration of countries in the modern world community; • To increase the service market; • Make investments. Globalization is a major influence on the economy of all countries. It deals with the process of creation of goods and services, the use of force, investing in "physical" capital, technologies and their spread to other countries. In the end, everything is expressed in the production and labor efficiency. The article-"The Impact of Globalization on Economic Growth" deals with the modern actual issues of globalization and its impact on the national economy. According to the author’s explanation, the globalization is the process of formation the world as an economic, technological, political and cultural entity through conditions of maintaining the statehood and national identity of the concrete countries. Globalization has the objective as well as the subjective features. That’s why the globalization includes unprecedented possibilities for development of human society as so as it threats of its existence. The positive results have been achieved only when any exposures of abuse are excluded and all decisions are received as a result of common consensus. The other trends of globalization might be ended with disaster. Globalization influences all sectors of national economy, including unemployment. In the article into detailed form are discussed the positive and negative sides of influence that globalization has on the national state and economy. In Summary, it seems that globalization involves both the development of human society and its unseen possibilities of the threat of existence. Thus, it becomes necessary in the process of globalization proper management, or implementation of fair globalization. The greatest contribution to this belongs to the leader (big) states. It is on their decisions that globalization does not depend on fate. Key words: Globalization; national economy; unemployment; international labor market.


2021 ◽  
Vol 311 ◽  
pp. 06012
Author(s):  
Ekaterina Popova ◽  
Nikolay Strikh

Green investments and principles of circular development have become one of the prominent dimensions of regional development policies. The purpose of this article is to study the impact of green investments on circular economy indicators and contribution of these indicators to economic growth at the regional level. The study examines two key indicators of the circular economy: the share of captured and neutralized emissions into the atmosphere and the share of recycled water in the regional manufacturing systems. To test the proposed hypotheses, methods of regression analysis are used. Gross regional product is used as a predictor of value creation. The empirical base is Rosstat data for the period from 2015 to 2019. The results show that the circular economy indicators do not have a visible impact on economic growth at the regional level, but green investments increase the volume of resources used in circular manufacturing systems. It is probable that in Russian industrial economy, implementation of the circular economy principles is associated only with an increase in costs, which do not provide linear returns at the macroeconomic level.


2020 ◽  
Vol 11 (3) ◽  
pp. 250-265
Author(s):  
A. N. Kuriukin

Purpose: to consider in detail the impact of the COVID-19 pandemic on the modern world, in relation to three dimensions – the economy, society. Politics, to outline the most problematic points of negative effects generation, to propose directions for the restoration of the world system within the framework of the formation of a new post-COVID-19 ”normality”.Methods: includes the principles of systemic, theoretical-cognitive, institutional, instrumental and interdisciplinary approaches, mediated by the accepted in social science ideas about the relationship and interaction of subjective and objective factors in social processes with relative independence of the subject.Results: today, the world around us and human civilization, together with the impressive process of globalization, has entered the stage of the emergence of new challenges that were not previously presented to it or were not manifested so powerfully. The first of these challenges of the current 21st century is undoubtedly the COVID-19 pandemic. Today it is stated that, according to the most optimistic estimates, the fall of the world economy may exceed the crisis of 2008–2009. In terms of social practices and communications, COVID-19 is already forcing us to design a new “normality” that will become a reality in the post-COVID-19 era. In the field of politics, it is stated that in authoritarian and authoritarian regimes, a more effective public response to restrictive measures was ensured.Conclusions and Relevance: at the present stage, the market and the signals it gives, by asset class, recession and recovery patterns, should be closely monitored not only by economists, but also by sociologists. political scientists, politicians and public figures. Urgent and decisive political action is needed not only to contain the pandemic and save lives, but also to protect the most vulnerable in our society from economic collapse and to maintain economic growth and financial stability.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Carole Ibrahim

Purpose The purpose of this paper is to empirically examine the effect of corruption on public debt and economic growth in 20 developing countries over the period 1996-2018. Design/methodology/approach This study makes use of the autoregressive distributed lag (ARDL) model to detect the long-term relationships, on the one hand, between corruption and public debt and, on the other hand, between corruption and economic growth. Findings The empirical results reveal that corruption increases the debt-to-GDP ratio and that the interactions between corruption and public revenues and between corruption and public spending have a positive influence on public debt in the long run. The estimations also show that high corruption hampers long-term economic growth and increases the negative effect of public debt on economic growth in developing countries. Originality/value While corruption is a prevalent phenomenon in most developing countries, the literature still lacks empirical examination of its economic effects. This study fills this gap with the aim of highlighting that high corruption hinders development in developing nations. This study also examines the impact of the interactions between corruption and components of the fiscal balance on public debt. Moreover, while the existing empirical literature uses regression techniques, this paper uses a panel ARDL approach to detect the long-term effects of corruption.


2018 ◽  
Vol 5 (4) ◽  
pp. 23-44 ◽  
Author(s):  
Anne-Laure Jousselme ◽  
Giuliana Pallotta ◽  
John Locke

This paper presents the Risk Game, a general methodology to elicit experts’ knowledge and know-how, in their ability to deal with information provided by different types of sources (sensors or humans) of variable quality, to take into account the information quality and to reason about concurrent events. It is a contrived technique capturing data expressing human reasoning features during a specific task of situation assessment. The information is abstracted by cards and its quality, which varies along the three dimensions of uncertainty, imprecision and falseness, is randomly selected by dice roll. The game has been played by experts of maritime surveillance, mostly marine officers from several nations. The Risk Game is domain-independent and can be designed for any specific application involving reasoning with multi-sources. The preliminary results obtained are promising and allow validating the efficiency of the elicitation method in capturing the link between information quality and human belief assessment. Besides the positive feedback collected from the players and their perceived effectiveness of the method, the data effectively capture the impact some specific information quality dimensions on belief assessment. We highlight, for instance, that the relevance of information perceived by the players may differ from the effective information relevance, that a high ratio of false information increases the uncertainty of the player before decision and may lead to wrong decisions, or that the context has a high impact on the decision made. Future extensions of the Risk Game are finally sketched.


2020 ◽  
Vol 18 (4) ◽  
pp. 121-129
Author(s):  
İlgar Seyfullayev

In the modern world, many developing countries take protective measures to develop domestic industries and diversify their economies to ensure economic sustainability. This issue is a priority, especially in those countries where economic development is provided mainly through the export of natural resources. This article aims to assess the impact of protectionist measures on the development of non-resource sectors of the economy. The object of the study is the non-oil sector of the Azerbaijani economy, where oil revenues account for over 80% of the country’s total exports. The study covers the 2005–2019 years. Granger Causality test in the VAR environment was used to identify and assess the causal relationship between protectionist measures and the non-oil sector development. It was revealed that such indicators as “customs revenues” and “exchange rate” do not increase non-oil GDP. The study results suggest that increasing the effectiveness of protectionism (in terms of economic growth) requires more reasonable and consistent regulatory measures. Targeting priority sectors and establishing monitoring mechanisms on the results of protectionist measures is also a priority for assessing their feasibility.


Author(s):  
Valerija Kontrimiene ◽  
Borisas Melnikas

The article analyses a concept of the sector of creative industries thus highlighting the importance of the sector and showing its role in society and economic development. Particular attention is shifted on the growth of exports and imports of creative industries considering the current challenges of globalization. The paper presents comparative and structural analyses of exports and imports of creative industries reflecting the place of the sector of creative industries in the economy of the modern world, including the tendencies indicating changes in the export and imports of the products created in this sector. The article also reveals the impact of the development of this sector on employment and economic growth in general and demonstrates that research on the development processes of the creative industry sector, particularly in the context of globalization challenges, is a highly promising trend of scientific knowledge and further research.


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